China's Ministry of Human Resources and Social Security, joining four other government departments, issued a notification on Thursday announcing the nationwide rollout of a private pension system. Effective from December 15, the initiative expands a trial program previously implemented in ...

Recently, in Peixian county, Xuzhou, East China's Jiangsu Province, the first demonstration project of medium and low voltage AC/DC interconnection in the province was put into operation. This project constitutes a technological exploration aimed at enhancing the terminal consumption capacity ...

US President-elect Donald Trump's tariff approach has drawn criticism both at home and internationally for its potential to raise consumer prices and disrupt global trade.

The battery, as one of the most essential components in electric vehicle (EV) manufacturing, is key to Europe's ambition to accelerate the EV transition. Yet, as its homegrown battery manufacturers face certain challenges, a promising way forward lies in fostering ...

As the annual Double 12 shopping event unveils, some major Chinese e-commerce platforms are preparing a range of promotional activities that integrate with the nation's trade-in programs, which are expected to stimulate consumer spending.

Commenting on the US commerce department's decision on Tuesday to add two Chinese high-tech firms to "Entity List" for so-called "human rights violations," Chinese Foreign Ministry (FM) spokesperson Mao Ning said on Wednesday that the so-called sanctions are a blatant ...

US electric carmaker Tesla has recently applied for registration of a trademark for Tesla Bot Action Figure, under the classification of fitness equipment. The current status of the trademark is awaiting substantive examination, according to corporate information website Tianyancha.

Sales of new-energy vehicles (NEV) in China reached a new milestone on Wednesday, as NEV sales surpassed 40 percent of all auto sales for the first time during the January-November period, latest data showed.

The Political Bureau of the Communist Party of China (CPC) Central Committee on Monday held a meeting to analyze and study the economic work of 2025.

Chinese President Xi Jinping said on Tuesday China has full confidence in achieving this year's economic growth target and will continue to play its role as the biggest engine of world economic growth, according to the Xinhua News Agency.

Australian wine conglomerate Treasury Wine Estates (TWE) recently announced that it has entered into an agreement to acquire a 75 percent equity interest in Ningxia Stone & Moon Winery Co. Ltd (Stone & Moon) for a price of 130 million ...

The Huangmao Sea Channel Bridge in South China's Guangdong Province, a pivotal infrastructure project in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA), is scheduled to open to traffic on Wednesday, Guangdong Fabu, the official social media account of Guangdong Province, ...

China's new national crop germplasm resources bank has been established and become operational, with a preservation capacity of 1.5 million samples, capable of meeting the long-term strategic preservation needs for the next 50 years, China's Ministry of Agriculture and Rural ...

Taiwan businesses flocked to the 2024 annual conference of the Cross-Strait CEO Summit held in Xiamen, East China's Fujian Province, from Monday to Tuesday, eager to embrace the new opportunities that the Chinese mainland offers to Taiwan and beyond.

China Rural Revitalization magazine has published a series of articles on the rapid development and transformation of rural China. The articles reflect the arduous efforts of rural revitalization across the country, which is an important and genuine solution to China's ...

China's export of semiconductors grew by 20.3 percent in the first 11 months of 2024, thanks to the country's strenuous efforts to climb up the technological ladder, despite the mounting suppression by the US to slow down China's tech rise.

US electric carmaker Tesla is set to roll out its V4 superchargers in the Chinese mainland in 2025, as the company is increasing its investment in the world's largest car market for greater development opportunities.

Since December 1, the ITTF Mixed Team World Cup 2024 has been in full swing at the Sichuan Provincial Gymnasium in Chengdu. On the court, 16 teams are competing with determination; off the court, the World Cup Park is buzzing ...

Trade between China and the US, China's third-largest trading partner, reached 4.44 trillion yuan ($612.4 billion) in the first eleven months of this year in yuan-denominated terms, up 4.2 percent year-on-year, according to data released by China's General Administration of ...

China's A-share market rallied strongly at the opening on Tuesday, with all three major indices posting notable increases. The surge followed the CPC leadership's meeting on 2025 economic plans, emphasizing the need for implementing a more proactive fiscal policy and ...

The European Union (EU) continued to be China's second-largest trading partner during the first 11 months of the year, with bilateral trade registering a 1.3-percent increase, marginally up 0.1 percentage point from the January-October period latest data from Chinese customs ...

China's foreign goods trade rose 4.9% year-on-year to 39.79 trillion yuan ($5.49 trllion) in the first 11 months of this year, showing an exports' increase of 6.7% year-on-year and imports going up by 2.4% year-on-year: General Administration of Customs

The heads of several international economic organizations expressed confidence in China's economy during a dialogue meeting on Monday, China's Ministry of Finance said.

Chinese businesses in the EU urged the bloc to create a fair, transparent and predictable market environment for foreign enterprises, according to a report released by the China Chamber of Commerce to the EU (CCCEU) and global consultancy Roland Berger ...

China's National Financial Regulatory Administration (NFRA) has greenlighted German investment firm Allianz Global Investors GmbH's investment in Chinese insurance firm Guomin Pension & Insurance Co, the latest move in China's opening-up of the financial sector.

The wind power equipment is ready for export at a port in Lianyungang, East China's Jiangsu Province on December 9, 2024. China's green power industry is becoming a new driving force for China's high-quality development through technological upgrades. Photo: cnsphoto

The 6th meeting of the China-South Korea Free Trade Agreement (FTA) Joint Committee was held in Seoul, South Korea on Monday. Wang Shouwen, China's vice minister of commerce and China's international trade representative, co-chaired the meeting with Chief of Trade ...

With the implementation of the latest package of tax incentives on December 1, home-buying costs have been reduced which has unlocked housing demand even more. Many Chinese cities saw a surge in property viewings over the past week, leading to ...

Investor enthusiasm for artificial intelligence (AI) has driven substantial gains in the stock prices of AI-related companies on the Chinese market in 2024. Following a notable rally on Friday, the sector saw a modest pullback of 0.24 percent on Monday, ...

In the face of rising trade protectionism and the US push for "decoupling," the question of how China and Australia can uphold and bolster bilateral economic and trade cooperation and avoid being carried away by third parties amid a complex ...

The Political Bureau of the Communist Party of China (CPC) Central Committee on Monday held a meeting to analyze and study the economic work of 2025 and arrange Party conduct and anti-corruption work, according to the Xinhua News Agency.

China has released a number of upward economic data in recent days about its economy, relating to manufacturing, retail sales, transportation and capital market performance, which analysts said point to rising momentum of recovery, spurred by the government's pro-active financial ...

As the November sales of cars in the domestic market were released on Monday, several Chinese car companies have met their annual sales targets ahead of schedule by November. In particular, BYD's sales so far this year outsell some of ...

The State Administration for Market Regulation (SAMR), China's top market regulator, has launched an investigation into Nvidia over suspected violations of China's Anti-monopoly Law and a notice on the 2020 antitrust review decision regarding the approval of Nvidia's acquisition of ...

China's Ministry of Education on Monday released a list of high-quality online courses for vocational training for 2023 featuring 914 courses, including cutting-edge topics, such as intelligent robot assembly and commissioning, new-energy vehicles (NEVs) technology, fundamentals of drone technology, the ...

Chinese premier Li Qiang held a "1+10" Dialogue with heads of major international economic organizations focused on the theme of "Building Consensus on Development to Promote Global Common Prosperity" on Monday morning, Chinese Foreign Ministry spokesperson Mao Ning said in ...

On December 5, the vehicle-grid interactive integrated station for "photovoltaic storage, charging and discharging" in Nanjing ZTE Industrial Park, which was led by State Grid Nanjing Power Supply Company, was officially put into operation. It effectively improved the charging convenience ...

South China's Guangdong Province plans to seek enhanced trade and industrial integration with the Macao Special Administrative Region (SAR), officials said on Monday, as trade between Guangdong and Macao in the first 10 months this year exceeded last year's total ...

How should we enhance the public science literacy in an era of rapid science and technology development? How would high public science literacy help realize sustainable development goals? What is the relationship between increasing population and quality and decreasing fertility ...

China's consumer prices saw a modest growth in November compared to a year earlier, while the economy has sustained the recovery momentum driven by the government's barrage of stimulus policies since September.

China's consumer price index (CPI), a main gauge of inflation, was up 0.2 percent year on year in November, the National Bureau of Statistics (NBS) said on Monday.

Sales revenues of home appliances under the policy-backed trade-in program reached 201.97 billion yuan ($28.11 billion) as of Friday and green products have become the favorite products for consumers, data from the Ministry of Commerce (MOFCOM) showed on Saturday.

China set up the country's first quantum computing and data medicine research institute in Hefei, East China's Anhui Province on Sunday. The institute is expected to pioneer the application of quantum computing power in the medical field, the Global Times ...

The Shenzhen municipal government announced Sunday via its official WeChat account that Luye Medical Group has signed an agreement with the city's health commission to establish an international medical headquarters and a wholly foreign-owned specialty hospital. This marks the first ...

At the end of 2024, we take a look back at the Chinese economy's performance this year. China's domestic GDP grew by 5.3 percent year-on-year in the first quarter, 4.7 percent in the second quarter and 4.6 percent in the ...

China's latest generation of offshore wind turbine installation vessel (WTIV), the Tie Jian Feng Dian 2000, started its trial run on Sunday, after departing from the construction base in Yantai, East China's Shandong Province, media reported on Sunday.

Macao has seen its cumulative cross-border trips surpass 200 million this year as of Saturday, a new record and an increase of 9.4 percent compared to the total number of trips in 2023, according to statistics released by the Public ...

Asia House, a London-based think tank, has predicted that by 2027, trade between the Gulf countries and China will exceed the region's trade with Western economies, marking a historic shift in global economic dynamics, the Xinhua News Agency reported. The ...

China's semiconductor industry has demonstrated a remarkable surge in self-innovation in recent years, particularly in the face of escalating sanctions and export restrictions imposed by the US. Rather than retreating in the wake of these challenges, Chinese chip manufacturers have ...

This year marks the 20th anniversary of the China-Italy comprehensive strategic partnership. Italian President Sergio Mattarella recently concluded his visit to China, following Prime Minister Giorgia Meloni's visit to China in July. The visits strengthened bilateral cooperation in trade, science ...

China's top economic planner said Saturday that funds raised through the 1-trillion-yuan (about 139 billion U.S. dollars) ultra-long special treasury bonds this year have all been allocated to support specific projects and programs.

Multiple Chinese cities on Saturday launched a new round of consumption vouchers targeting the catering sector, which is aimed to boost the nation's positive consumption trend in 2024 and further stimulate demand ahead of the consumption peak at 2025 Spring ...

China's foreign exchange reserves totaled 3.2659 trillion U.S. dollars at the end of November, up by 4.8 billion dollars, or 0.15 percent, from the end of October, official data showed Saturday.

TikTok CEO Shou Zi Chew vowed to take the fight against a US ban on the popular short video app to the US Supreme Court, TikTok told the Global Times on Saturday, after a US federal court on Friday upheld ...

China and Europe have deeply integrated industrial and supply chains, and there are broad prospects for economic and trade cooperation, Ling Ji, Chinese Vice Commerce Minister and Deputy China International Trade Representative, said on Friday.

The China-proposed Belt and Road Initiative (BRI) is an inspiring framework for collaboration in the interconnected world, embodying a shared vision for growth founded on mutual respect and cooperation. Nigeria is fully committed to working alongside its Chinese partners and ...

China's National Financial Regulatory Administration (NFRA) on Friday vowed to promote high-quality opening-up by supporting qualified overseas financial institutions to invest in the country's property insurance market, while supporting the high-quality development of overseas property insurance companies in the domestic ...

The performance of a country's foreign trade depends on its economic scale, growth potential and competitiveness, which is unlikely to be significantly affected by external political factors. From January to October, China's total merchandise trade increased by 5.2 percent year-on-year, ...

In 2024, China's foreign trade has witnessed a positive trajectory of qualitative improvement and stable expansion. China's total merchandise trade grew by 5.2 year-on-year from January to October to reach 36.02 trillion yuan ($5 trillion), continuing stable growth and displaying ...

Lin Jian, a spokesperson for the Chinese Foreign Ministry on Friday commended the achievement of the green barrier encircling the Taklimakan Desert and expressed gratitude to generations of people who have tirelessly dedicated themselves to combating desertification.

Huawei's new foldable phone Mate X6 kicked off selling at 10:08 am on Friday, sparking a wave of consumer excitement, with the smartphones immediately selling out on its official Huawei mall.

The China-proposed Belt and Road Initiative (BRI) is an inspiring framework for collaboration in the interconnected world, embodying a shared vision for growth founded on mutual respect and cooperation. Nigeria is fully committed to working alongside its Chinese partners and ...

China's Ministry of Finance (MOF) has released a draft on the standards and implementing policies regarding domestic products in government procurement, planning to give products made in the country a 20 percent price evaluation preference if they meet relevant standards.

Beijing Daxing International Airport has processed over 130 million passenger trips in its first five years of operation, Beijing Daily reported Friday.

China does not want to see trade tensions with the EU escalate and will closely monitor the EU's subsequent actions to ensure the protection of the legitimate rights of Chinese companies, He Yadong, spokesperson for China's Ministry of Commerce (MOFCOM), ...

It seems that some US politicians have become increasingly inclined to exploit the island of Taiwan's reliance on Washington in an attempt to gain both geopolitical and economic interests from this strategic pawn. However, this deepening reliance could potentially expose ...

Some Chinese provinces and cities have intensified their efforts to introduce action plans to boost the development of artificial intelligence (AI) industry from various aspects, including underlying technologies, infrastructure and market applications.

The 2024 Belt and Road Commerce Chambers and Associations Conference (GCCAC) was held in Fuzhou, East China's Fujian Province on Thursday.

A series of recent data show that as the effects of incremental financial policies and other pro-growth policies continue to manifest, the vitality and development confidence of small- and medium-sized enterprises (SMEs) continue to improve.

China's National Development and Reform Commission (NDRC) has announced its support for extending Harbin in Northeast China's Heilongjiang Province's visa-free transit policy from 72 hours to 144 hours, according to a statement released by NDRC on Thursday. The initiative aims ...

The US should abandon its protectionist practice and collaborate with global partners to support free trade in new-energy products, including solar panels, and combat global climate change, a Ministry of Commerce (MOFCOM) spokesperson said on Thursday, in response to the ...

A spokesperson of China's Foreign Ministry on Thursday strongly rejected claims of “forced labor” in Xinjiang, following a BBC report that tomato purees sold in several British supermarkets may contain ingredients sourced from the region, purportedly linked to “forced labor”.

China's Ministry of Commerce (MOFCOM) on Thursday defended China's new measures to tighten export controls on specific dual-use items to the US and voiced strong objections to the US' act of generalizing national security and abusing export control measures to ...

Chinese Foreign Ministry Spokesperson Hua Chunying posted three consecutive tweets on X on Wednesday, criticizing the US for its claims of “fair competition” while trying to deprive China of development rights, after the US government on Monday announced a package ...

Chinese commerce ministry on Thursday confirmed the resumption of exports of compliant products from two Australian meat processors to China and called on companies from the two countries to continue to expand economic and trade cooperation in traditional and emerging ...

Industrial associations from the Chinese mainland and Hong Kong pledged during the 2024 Belt and Road Commerce Chambers and Associations Conference (GCCAC) to enhance BRI cooperation between Fujian Province and Hong Kong.

A super satellite manufacturing factory is expected to commence operation at the Wenchang International Aerospace City in South China's Hainan Province in June 2025, the aerospace city said in a statement on Thursday, noting that the factory will have the ...

The Xinjiang Cotton Association issued a statement on Thursday in firm defense of the region's cotton industry, and said it firmly refuses to accept claims in response to remarks made by Tadashi Yanai, CEO of Fast Retailing, the parent company ...

In early December, China held the fourth symposium on Belt and Road construction work. It provides a window to summarize the development of the Belt and Road Initiative (BRI) over the last 11 years that has helped transform the global ...

China's Ministry of Industry and Information Technology (MIIT) has unveiled its latest catalogue of new energy vehicle (NEV) models exempted from vehicle purchase tax on Thursday. The latest update includes the market's most popular NEV models.

China's first bulk commodity resource allocation hub was inaugurated in East China's Zhejiang Province, one of the country's economic powerhouses, on Wednesday according to the Xinhua News Agency. This marks a significant milestone in Zhejiang's efforts to advance integrated, full-industrial ...

Prime Minister of Nepal KP Sharma Oli encouraged business groups from Nepal and China to enhance collaboration. "Trade, commerce and economic relations between our two countries are now at a new level," Oli said on Wednesday when addressing the Nepal-China ...

China's railway sector achieved a new record, handling 4.01 billion passenger trips during the first 11 months of 2024, significantly higher than the 3.86 billion handled for the whole year of 2023, according to data from the national railway operator ...

Global investors are treasure-hunting in China's undervalued capital markets. On Monday, Wall Street traders spent approximately $55 million to buy call options on a leveraged ETF tracking the benchmark CSI 300 Index, which tracks the top 300 shares on the ...

Various offshore engineering equipment and specialized vessels are under construction or maintenance at a base in Yantai, East China's Shandong, on December 4, 2024. From January to October, shipbuilding completions grew by 41 percent, new orders by 61 percent and ...

US President Joe Biden is visiting Angola this week, showcasing the Lobito Corridor project, which is reportedly a multi-billion US dollar investment aimed at building a railway connecting the Angolan port of Lobito to the city of Kolwezi in the ...

The Chinese business community firmly opposes the US abuse of export control measures and its “long-arm” jurisdiction over Chinese companies, a spokesperson from the China Council for the Promotion of International Trade (CCPIT) said on Wednesday in response to the ...

On December 3, GUVET, a premium goose down jacket brand, held the "GUVET'S ELITE DOWN COMMEMORATING THE HUNGARIAN BASE PARTNERSHIP & WRCA - CERTIFIED " event in Budapest. GUVET reached a strategic partnership with FBZ Hungaria Ltd and announced that ...

Editor's Note: On November 8, 2024, China implemented unilateral visa-free entry trials for nine countries including Slovakia, Norway and Finland, then added another nine countries including Japan, Bulgaria and Romania to the list on November 30, expanding the number of countries ...

The first batch of 14 pilot securities companies launched a business operation related to the Cross-boundary Wealth Management Connect Scheme (WMC) on Wednesday, according to media reports.

China Automotive Chip Industry Innovation Strategic Alliance has released its second alliance whitelist on Chinese automakers' use of domestic semiconductor chips, covering 10 categories of chips covering car body, chassis, engine system, intelligent driving and more.

China Eastern Airlines launched a new C919 route from East China's Shanghai to Wuhan in Central China's Hubei Province on Wednesday, marking the 8th city served by the domestically-made C919 plane, further advancing the aircraft's commercialization.

​China's railway sector achieved a new record, handling 4.008 billion passenger trips during the first 11 months of 2024, significantly higher than the 3.86 billion handled for the whole year of 2023, according to data from the national railway operator ...

UK businesses are stabilizing their investments in China despite challenges, with about 76 percent of UK companies maintaining or increasing their investment in the market and only 8 percent saying that they will reduce their scale, the lowest figure since ...

China welcomes Chile to continue to hold Chile Week events in China and is pleased to see increasingly closer mutually beneficial cooperation between the two countries which deliver tangibly to our peoples, China's Ministry of Foreign Affairs spokesperson Lin Jian ...

Despite the growing complexity of economic and trade relations between China and the EU, European companies remain steadfast in their confidence in the Chinese market, as evidenced by their continued investments and firm business choices.

In recent trading sessions, stocks related to humanoid robots in China's A-share market have seen a significant surge, attracting the attention of investors. This upward momentum reflects the increasing confidence in the future potential of China's humanoid robotics sector.

Overseas financial institutions including JPMorgan and Citi recently raised the target share prices for major Chinese companies such as Meituan and BYD. Their moves indicate the growing confidence of international investors in the country's capital market development.

China's Ministry of Commerce (MOFCOM) issued an action plan together with a few other agencies aimed at setting up a modern commercial distribution system to assist the high-quality development of the country's wholesale and retail sector.

Four Chinese industry associations voiced firm opposition on Tuesday to the US' most recent chip export control targeting Chinese enterprises. They called on relevant sectors to exercise caution when purchasing chips from the US.